Stocks continued to rise as market volatility eased, with calls for deeper rate cuts in 2025. The Dow increased by 213 points (0.5%), the S&P 500 by 0.4%, and the Nasdaq by 0.5%. Both the Nasdaq and S&P 500 set new intraday records and are on track to reach an all-time high at close. The Dow is close to reaching a new intraday high as well, needing less than a 1% gain.

Read more at Barron’s: Stocks Are Rising on Hopes for Fed Rate Cut